Dividend stocks: Tech Mahindra, HUL, 4 others to trade ex-dividend today. Cantabil Retail ex-split

livemint.com:

Dividend stocks 2023: Shares of Hindustan Unilever, Kajaria Ceramics, Laurus Labs, Share India Securities, Tech Mahindra, Bhansali Engineering Polymers, and Cantabil Retail India will be in focus when stock market opens today. The board of directors of these companies have declared dividend and stock split for its eligible shareholders. Hindustan Unilever declared an interim dividend of ₹18 per share, Kajaria Ceramics declared an interim dividend of ₹6 per share.

Laurus Labs declared an interim dividend of ₹0.40 per share, Share India Securities declared an interim dividend of ₹3 per share, Tech Mahindra declared an interim dividend of ₹12 per share. Meanhile, Cantabil Retail India declared stock split from ₹10 to ₹2. Hindustan Unilever – HUL had reported a marginal decline in consolidated net profit at ₹2,657 crore for the second quarter ended September 30 amid subdued rural demand and heightened competitive intensity.

Its total income stood at ₹15,806 crore in the September quarter as compared to ₹15,253 crore in the year-ago period. Kajaria Ceramics – Kajaria Ceramics reported weaker-than-expected second-quarter profit, hurt by sluggish domestic demand for tiles. Its consolidated net profit was ₹108 crore in the quarter ended Sept 30.

Its revenue from tiles grew a moderate 2.9% at ₹1,013 crore. The consolidated revenue from operations rose 4.1% to ₹1,122 crore. Share India Securities— The financial services provider reported total revenue at ₹367.942 crore in Q2 FY24, as compared to ₹243.29 crore in Q2 FY23.

Its Ebitda stood at ₹177.55 crore in Q2 FY24, as compared to ₹112.28 crore in Q2 FY23. Share India Securities reported Q2 FY24 net profit at ₹112.62 crore versus ₹74.13 crore in Q2 FY23. Tech Mahindra – The IT